Lockheed Martin Corporation (LMT) — Capital Reinvestment Ratio
Latest as of September 2025:
0.10x
Lockheed Martin Corporation (LMT) has a Capital Reinvestment Ratio of 0.10x as of September 2025, meaning it reinvests 0% of its operating cash flow ($3.73 Billion) in capital expenditures ($381.00 Million). See LMT free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.10x
Capex / Operating Cash Flow
Operating Cash Flow
$3.73 Billion
USD
Capital Expenditures
$381.00 Million
USD
Data as of
Sep 2025
Most recent filing
Lockheed Martin Corporation Capital Reinvestment Ratio (1992–2024)
This chart tracks Lockheed Martin Corporation's Capital Reinvestment Ratio across 33 annual periods.
Annual Capital Reinvestment Ratio for Lockheed Martin Corporation (1992–2024)
Year-by-year Capital Reinvestment Ratio for Lockheed Martin Corporation from 1992 to 2024. For live market cap and broader valuation context, see LMT company net worth.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.24x | $6.97 Billion | $1.69 Billion | ▲ +13.2% |
| 2023 | 0.21x | $7.92 Billion | $1.69 Billion | ▼ -0.3% |
| 2022 | 0.21x | $7.80 Billion | $1.67 Billion | ▲ +29.7% |
| 2021 | 0.17x | $9.22 Billion | $1.52 Billion | ▼ -23.5% |
| 2020 | 0.22x | $8.18 Billion | $1.77 Billion | ▲ +6.3% |
| 2019 | 0.20x | $7.31 Billion | $1.48 Billion | ▼ -50.2% |
| 2018 | 0.41x | $3.14 Billion | $1.28 Billion | ▲ +124.1% |
| 2017 | 0.18x | $6.48 Billion | $1.18 Billion | ▼ -11.3% |
| 2016 | 0.20x | $5.19 Billion | $1.06 Billion | ▲ +11.3% |
| 2015 | 0.18x | $5.10 Billion | $939.00 Million | ▼ -15.8% |
| 2014 | 0.22x | $3.87 Billion | $845.00 Million | ▲ +18.9% |
| 2013 | 0.18x | $4.55 Billion | $836.00 Million | ▼ -69.5% |
| 2012 | 0.60x | $1.56 Billion | $942.00 Million | ▲ +160.0% |
| 2011 | 0.23x | $4.25 Billion | $987.00 Million | ▲ +0.4% |
| 2010 | 0.23x | $3.55 Billion | $820.00 Million | ▼ -13.9% |
| 2009 | 0.27x | $3.17 Billion | $852.00 Million | ▲ +28.2% |
| 2008 | 0.21x | $4.42 Billion | $926.00 Million | ▼ -5.5% |
| 2007 | 0.22x | $4.24 Billion | $940.00 Million | ▼ -6.1% |
| 2006 | 0.24x | $3.78 Billion | $893.00 Million | ▼ -12.8% |
| 2005 | 0.27x | $3.19 Billion | $865.00 Million | ▲ +3.0% |
| 2004 | 0.26x | $2.92 Billion | $769.00 Million | ▼ -30.7% |
| 2003 | 0.38x | $1.81 Billion | $687.00 Million | ▲ +31.3% |
| 2002 | 0.29x | $2.29 Billion | $662.00 Million | ▼ -14.7% |
| 2001 | 0.34x | $1.82 Billion | $619.00 Million | ▲ +36.8% |
| 2000 | 0.25x | $2.02 Billion | $500.00 Million | ▼ -60.1% |
| 1999 | 0.62x | $1.08 Billion | $669.00 Million | ▲ +81.0% |
| 1998 | 0.34x | $2.03 Billion | $697.00 Million | ▼ -44.7% |
| 1997 | 0.62x | $1.21 Billion | $750.00 Million | ▲ +37.8% |
| 1996 | 0.45x | $1.64 Billion | $737.00 Million | ▲ +9.6% |
| 1995 | 0.41x | $1.29 Billion | $531.00 Million | ▲ +20.6% |
| 1994 | 0.34x | $1.49 Billion | $509.00 Million | ▼ -7.2% |
| 1993 | 0.37x | $1.46 Billion | $536.00 Million | ▼ -13.1% |
| 1992 | 0.42x | $1.18 Billion | $498.00 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow